By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Live Trading NewsLive Trading NewsLive Trading News
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Search
Reading: USA Caught Out on WTO Breaches
Share
Live Trading NewsLive Trading News
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Search
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Follow US
© 2024 LiveTradingNews.com - All Rights Reserved.
Live Trading News > Blog > Politics > America > USA Caught Out on WTO Breaches
America

USA Caught Out on WTO Breaches

Shayne Heffernan Ph.D.
Last updated: August 11, 2023 10:09 pm
Shayne Heffernan Ph.D.
Share
3 Min Read
trade china wto social
SHARE

China’s Ministry of Commerce (MOC) issued a report on the World Trade Organization (WTO) compliance of the United States for the first time on Friday.

The report reviewed U.S. performance on following WTO rules, and expressed concerns over U.S. policy measures that undermine the multilateral trading rules, impose unilateral sanctions, manipulate double standards in industrial policies, and disturb global industrial and supply chains.

The concerns cover 11 areas, including tariff and non-tariff barriers, industrial subsidies, agricultural subsidies, trade remedies, standards and technical regulations, trade in services and intellectual property rights.

The United States has not only selectively implemented WTO rulings, but has also blocked appointments of new Appellate Body members, which led to the “paralysis” of the Appellate Body.

The United States has a long history of taking unilateral measures against other members under the guise of so-called “national security,” “human rights” and “forced technology transfer,” and has also coerced others into abiding by its diplomatic policies and illegitimate demands, the report said.

In addition, the United States has implemented exclusive and discriminatory subsidy policies, and has disrupted other countries’ industrial development through means like export control, the report added.

It has instigated decoupling and fragmenting industrial and supply chains, tried to utilize unilateral tariff measures to force re-shoring of industrial chains, established U.S.-centered industrial and supply chains through massive subsidies, and promoted near-shoring and friend-shoring based on so-called “values,” the report said.

As the world’s largest economy and an important founder and principal beneficiary of the multilateral trading system, the United States should have set a good example by abiding by the rules, honoring its commitments, and upholding the authority and efficacy of the multilateral trading system, according to the report.

China will, as always, maintain close communication and cooperation with all parties, fully and deeply participate in the reform of the WTO, and work together to promote the multilateral trading system to play a bigger role in global economic governance, said the MOC.

Shayne Heffernan

You Might Also Like

The 20 Great Quotes of John McAfee

New Cold War Looms as Tariffs Shift from Trade to Politics

America Party: Terminal Debt Crisis and Elon Musk Buy $BTC

Bitcoin Might Be Bumpy BUY THE DIP

KXCO and the New World of Money

TAGGED:shayne heffernan

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

Subscribe our newsletter for latest news around the world. Let's stay updated!

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Share
By Shayne Heffernan Ph.D.
Follow:
Shayne Heffernan Ph.D. Economist at Knightsbridge holds a Ph.D. in Economics and brings with him over 40 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Crypto, Mining, Shipping, Technology and Financial Services.
Previous Article F01h9m XoAE6gi3 D-Day for SEC Bitcoin ETF Ruling
Next Article 525685 Thailand Bangkok Thailand is a Land of Opportunity
Buy Bitcoin

Buy Bitcoin

Latest News

bitcoin kxco
KXCO’s Position in Tokenized Cash and Cross-Border Payments
AI Bitcoin Blockchain Blockchain for Government Business cefi Crypto DeFI Digital Assets Fintech Gold Headline News Knightsbridge KXCO KXCO Opinion Shayne Heffernan Stablecoins USD Web3 July 3, 2025
Hong Kong
Hong Kong is Back
Business China Crypto Featured Headline News Hong Kong Knightsbridge Insights KXCO Opinion Politics Shayne Heffernan Shayne Heffernan Shayne Heffernan on Investments July 3, 2025
photo 2023 12 10 22 43 50
China AI a Hot Sector $BABA $BIDU
AI Artificial Intelligence Asia China Featured Headline News Knightsbridge Insights KXCO Opinion Shayne Heffernan Shayne Heffernan on Investments July 2, 2025
elon musk 1
Elon Musk and Napoleon: Ambition, Power, and the Shadow of Exile
America Headline News Opinion Politics Shayne Heffernan July 1, 2025

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
4.4kFollowersFollow
//

Stay informed with LiveTradingNews.com – your ultimate destination for timely and insightful updates on global markets, finance, and investment trends. Explore the latest news and analysis to empower your trading decisions.

Quick Link

  • About us
  • Advertise
  • Send us a tip!
  • Privacy Policy
  • Contact us

Top Categories

  • Knightsbridge Insights
  • Featured
  • Stocks
  • Shayne Heffernan
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Subscribe our newsletter for latest news around the world. Let's stay updated!

Live Trading NewsLive Trading News
Follow US
© 2025 LiveTradingNews - For The Traders, By The Traders – All Right Reserved By Knightsbridge Group
Welcome Back!

Sign in to your account

Register Lost your password?